Belize Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Belize monthly trade data
Belize quarterly trade data

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For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Belize

2018

Overall Exports and Imports

Exports
Exports (in US$ Mil) 241
No. Of products 789
No. Of partners 72
Imports
Imports (in US$ Mil) 958
No. Of products 3,206
No. Of partners 116

Trade Indicator

HH Market concentration index0.29
Index of export market penetration1.52
World Growth3.50
Country Growth-5.85

Service Indicators 2018

Service imports (BoP, current US$)231,146,454.71
Service exports (BoP, current US$)626,192,295.60
Imports of goods and services (% of GDP)58.01
Exports of goods and services (% of GDP)57.70

Belize top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States75 31.33
United Kingdom72 30.07
Jamaica15 6.19
Ireland13 5.30
Barbados10 4.27
Exporter Trade (US$ Mil) Partner share(%)
United States407 42.52
China115 12.01
Mexico103 10.75
Guatemala71 7.44
Panama30 3.11

Belize Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials75 31.26 22 2.27 11.96
Intermediate goods82 33.86 139 14.54 5.94
Consumer goods76 31.36 616 64.35 14.31
Capital goods8 3.14 175 18.25 7.10

Top 5 Products exports imports at HS 6 digit level

Exports
Raw cane sugar, in s ...56,355.43
Bananas, including p ...37,136.43
Frozen orange juice, ...29,142.28
Petroleum oils, etc, ...13,363.34
Petroleum oils and o ...12,324.28
Imports
Petroleum oils, etc, ...120,923.39
Cigarettes containin ...47,740.17
Butanes, liquefied20,048.82
Portland cement (exc ...13,092.17
Transmission apparat ...11,123.77

Tariff and Trade Barriers for Belize

Tariffs 2018

No. Of Tariff Agreement 6
Simple Average (%) 10.87
Duty Free Imports (US$ Thousand) 168,317.13
Maximum Rate (%) 100
Weighted Average (%) 11.08
Duty Free Tariff Lines Share (%) 16.79

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.07
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.07

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2018 WDI »
Population383,071
GDP (current US$ Mil)1,871
GNI per capita, Atlas method (current US$)4,470.00
Trade Balance (current US$ Mil)-6.00
Trade Balance (% of GDP)-0.31

Doing Business

2019 Doing Business »
Ease of Doing Business Rank135
Trading Across Borders Rank114

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...